Archives for November 2011

November 30th, 2011

Sunday was the World Day of Remembrance for Victims of Traffic Accidents. The good news for Spain is that over the last 10 year period, traffic mortality has fallen more than 50 percent, from 5,517 fatalities in 2001 to 2,478 last year. A total of 41,665 people lost their lives ...

Continue reading Traffic Deaths Down 50% in 10 Years

November 29th, 2011

Perhaps it is a little known fact, but the Iberian Peninsula is considered by experts as an area of high risk for tsunamis. Some of Spain’s cities have, in fact, suffered the destructive impact of these large waves many times, especially in the Gulf of Cadiz and along the Mediterranean ...

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November 28th, 2011

The Spanish regions of the Canary Islands, Andalucia, Ceuta, Melilla, Murcia, Valencia, Extremadura and Castilla La Mancha, together with the French overseas departments of Réunion, Guadeloupe, French Guiana and Martinique, recorded the highest levels of unemployment across the EU in 2010, according to figures released last week by Eurostat. Specifically, Europa ...

Continue reading Eight Spanish Regions on the EU Highest Jobless List for 2010

November 25th, 2011

The Institute of International Finance (IIF) has said that the situation in the euro zone "has deteriorated" in the last month dropping "into a new recession," which will shrink the European economy by one percent of its Gross Domestic Product (GDP ) in 2012. "The situation in the euro zone has ...

Continue reading Euro Zone Already in Recession, Says World Bank

November 24th, 2011

The International Monetary Fund (IMF) has finalised its ‘Preventive Liquidity Line’, a credit line agreed at the G-20 summit in Cannes to assist countries in the Eurozone who need emergency money. "These reforms will enable the Fund to be more responsive to the diverse needs of members with sound (economic) policies," ...

Continue reading IMF Creates Emergency Credit Line to Protect Eurozone

November 23rd, 2011

German Chancellor Angela Merkel, sent a telegram to the PP leader, Mariano Rajoy, to congratulate him on his victory in Sunday's elections, highlighting the "clear mandate" that the Spanish have given him, to perform "rapid reforms" in these "difficult times" for Spain and Europe. In her message, sent after the Chancellor’s ...

Continue reading Merkel Calls for “Rapid Reforms” in Spain

November 23rd, 2011

Apple announced yesterday the opening on 25th November of a new store in Marbella, in the Málaga province, which will become the brand’s fourth store in Spain and will feature a panel of experts to advise customers. The new Apple Store will be their largest in Spain, larger than their existing ...

Continue reading Apple to Open Store in Marbella

November 22nd, 2011

The German Chancellor, Angela Merkel and the French President, Nicolas Sarkozy, along with British Prime Minister, David Cameron, have transmitted to the PP leader, Mariano Rajoy, their congratulations on his victory at the polls this past Sunday. PP sources reported on these communications, but indicated that Rajoy has yet to ...

Continue reading World Leaders Congratulate Rajoy

November 21st, 2011

The rate of inflation in the eurozone in October remained at 3%, the same level as in the previous month, but well above the 1.9% recorded a year ago, according to data published by the European statistics office, Eurostat. El Mundo reported that in the whole of the EU, prices ...

Continue reading Eurozone Inflation Stable in October

November 18th, 2011

Madrid and Barcelona occupy tied second place in the ranking drawn up by Global Blue, of best European cities for shopping. After London, the capital and Barcelona are listed as the second favourite destination for all travellers from outside the country. Oslo, Belgrade and Geneva come nearer the bottom of ...

Continue reading Madrid and Barcelona Tops for Shops